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Xbox President ‘Remains Committed’ To Backwards Compatibility, Game Preservation
8.4.2024
We all know Xbox is preparing for some sort of digital-first future. With products like the Xbox Series S (and the leaked Xbox Series X refresh), services such as Xbox Game Pass, and some games forgoing physical discs entirely, it seems the gaming giant is ready for gaming to go all digital,...
Argentina President Milei Disappoints Some Bitcoiners as Crypto Registration Rule Begins
2.4.2024
The nation unveiled a mandatory registration process for cryptocurrency platforms
Best Crypto to Buy Today March 28 – Dogwifhat, Dogecoin, Core
28.3.2024
As Bitcoin (BTC) holds firm to the north of the $70,000 level amid reports in the Chinese media that the PBoC has been directed by President Xi Jinping to restart bond purchases for the first time in decades, investors are scouring altcoin markets as they hunt for the best crypto to buy today.
The...
Argentina’s Greenback Love Is Being Substituted by a Bitcoin Rush
22.3.2024
The popular savings strategy of exchanging pesos for U.S. dollars in Argentina is being substituted by bitcoin investments, which have had better performance lately. Numbers from Lemon, a local cryptocurrency exchange, indicate bitcoin purchases have risen to their highest number in 20 months...
Crypto Firm Bakkt Taps New CEO After Revealing Financial Struggles
19.3.2024
Crypto trading platform Bakkt announced Monday that Andy Main will take over as President and CEO. He will replace Gavin Michael, who is leaving for new opportunities.
The post Crypto Firm Bakkt Taps New CEO After Revealing Financial Struggles appeared first on Cryptonews
Group Urges US President Joe Biden to Secure Release of ‘Kidnapped’ Former Federal Agent
18.3.2024
The Chamber of Digital Commerce, a blockchain and crypto advocacy group, has urged U.S. President Joe Biden to assist in securing the release of a Binance executive “kidnapped” by the Nigerian government. The group warned that the Nigerian government’s arbitrary detention of Tigran...
Latam Insights: Tim Draper’s Bitcoin Prophecy for El Salvador, Bukele’s Bitcoin Rush
18.3.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Tim Draper predicts bitcoin will make El Salvador a rich country, President Nayib Bukele vows to keep buying bitcoin, and Banco do Brazil announces offline...
El Salvador Will Keep Buying 1 Bitcoin Daily Until BTC ‘Becomes Unaffordable’ With Fiat Currencies, Says President Bukele
17.3.2024
El Salvador has been buying one bitcoin a day since 2022, according to President Nayib Bukele, who confirmed that his country’s “1 bitcoin a day program” will continue until the cryptocurrency “becomes unaffordable with fiat currencies.” The bitcoins acquired from...
El Salvador Moves ‘Big Chunk’ of Its BTC to Cold Wallet — President Bukele Says ‘Call It Our First Bitcoin Piggy Bank’
16.3.2024
El Salvador has transferred “a big chunk” of its bitcoin holdings to a cold wallet, President Nayib Bukele has announced. “You can call it our first bitcoin piggy bank,” he said. As of writing, the wallet’s balance totals approximately 5,690 bitcoins. El Salvador...
El Salvador Transfers 5,000 Bitcoins to Cold Wallet, Surpassing Bitcoin Holdings Estimates
15.3.2024
El Salvador moved over 5,000 Bitcoins valued at over $400 million into a cold wallet this week, President Nayib Bukele revealed in a March 14 X post. The move surprised the cryptocurrency community by substantially surpassing expectations of what the country was believed to hold in the rallying...
El Salvador to Store ‘Big Chunk’ of Bitcoin Holdings in Physical Vault
15.3.2024
El Salvador intends to move a substantial portion of its Bitcoin holdings to a cold wallet. This wallet would be housed in a physical vault within the country, President Nayib Bukele revealed Friday.
The post El Salvador to Store ‘Big Chunk’ of Bitcoin Holdings in Physical Vault appeared first...
El Salvador Has More Bitcoin Than Public Estimates With Multiple BTC Revenue Sources, President Bukele Indicates
13.3.2024
President Nayib Bukele of El Salvador has indicated that his country’s bitcoin holdings may exceed public estimates. He revealed that El Salvador has been generating bitcoin-related revenue from various sources in addition to the capital gains from bitcoin purchased since its legalization...
Putin Signs ‘CBDC, Digital Assets Payments’ Bill into Law
13.3.2024
Russian President Vladimir Putin signed a law allowing firms in the country to use digital financial assets including the digital ruble in international payments on March 11.
The post Putin Signs ‘CBDC, Digital Assets Payments’ Bill into Law appeared first on Cryptonews
Biden’s Budget Proposal for 2025 Rekindles Discussion of 30% Electricity Tax for Crypto Miners
12.3.2024
President Joe Biden has reignited the debate surrounding the imposition of a 30% tax on electricity used by cryptocurrency miners in a budget proposal for 2025.
The post Biden’s Budget Proposal for 2025 Rekindles Discussion of 30% Electricity Tax for Crypto Miners appeared first on Cryptonews
Donald Trump Calls BTC ‘an Additional Form of Currency’ — Says ‘I Sometimes Will Let People Pay Through Bitcoin’
12.3.2024
Former U.S. President Donald Trump says bitcoin is an “additional form of currency,” emphasizing that the crypto has taken on a life of its own. He also lets people pay for his merchandise with cryptocurrencies. “There has been a lot of use of that, and I’m not sure that...
President Biden Proposes Crypto Mining Tax and Wash Sale Rule in 2025 Budget Proposal
11.3.2024
President Biden's 2025 budget proposal aims to introduce a crypto mining tax and close the wash sale loophole for digital assets. The move faces opposition from House Republicans, who criticize the administration's spending. As the 2024 presidential race heats up, the outcome could shape the future...
U.S. President Again Proposes Crypto Mining Tax, 'Wash Sale Rule' for Digital Assets in New Budget
11.3.2024
The U.S. president's budget proposal for 2025 suggests the administration can reduce the national deficit by nearly $10 billion just by "modernizing rules" that include cryptocurrencies
Nayib Bukele Reacts to Bitcoin Critic’s Indictment with Laughter
7.3.2024
President Nayib Bukele has responded humorously to a social media post highlighting the legal troubles of one of his country's prominent critics in Capitol Hill. Bukele quoted a post on X (formerly Twitter) with a laughing emoji. The post detailed Senator Bob Menendez's indictment, adding a touch...
El Salvador’s Bukele Defends Bitcoin Strategy as Holdings Hit Record 53% Profits
6.3.2024
El Salvador's President Bukele has defended his Bitcoin strategy as the country's holdings hit a record 53% profit, reaching $164.5 million. This progress stems from El Salvador's declaration of Bitcoin as legal tender alongside the US dollar in 2021. According to data from Bitcoin Treasuries,...
Donald Trump’s Crypto Portfolio Soars to $7.5 Million, Fueled by TRUMP Coin’s Ascension and Ethereum Gains
6.3.2024
After the former 45th President of the United States, Donald Trump, saw his cryptocurrency holdings exceed $5 million, just ten days later, the value of Trump’s digital asset collection has escalated to $7.5 million. This increase is largely due to $4.66 million emanating from...